Posted on October 27, 2021 / 170Listing ID: 292111GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $125,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : (619) 218-6575

Amazing pre-revenue opportunity for an indoor cultivation & manufacturing operation in Ukiah, CA. Ukiah is home to major tourist attractions and universities (the largest city in Mendocino County). Mendocino County’s appealing flat rate cannabis business tax has the potential to save tens of thousands of dollars, versus the percentage of gross tax rate that many other areas operate under. This could be a great addition for existing operators in the industry and for someone that is brand new looking to enter the cannabis industry in the heart of the cannabis capital of the world!

The construction is about 50% done and would need additional investment towards the build-out. The phase II application and plans have been approved. Once construction is completed, the final permit will be issued to allow for operation. Seller is willing to assist with the permitting process for a seamless transition.

Details:

  • Indoor cultivation
  • Manufacturing Type 6
  • Distribution license can be added
  • No Equipment
  • ~ $500k left to invest to complete build-out

Lease:

  • 6,000 sf warehouse
  • 4k SF allocated to Cultivation
  • 2k SF allocated to Manufacturing
  • Rent: $2/sf  
  • 2 years into lease (5 yr lease w/ (2) 5 yr options)

Licenses:

  • Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
  • Distribution- Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors. 

Asking Price: $125,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Yesenia Jimenez, DRE LIC CA# 02073168 & Jeff Taylor, DRE LIC CA# 02121244

If you have any questions Call Yesenia at (858) 633-3013 or Jeff at (619) 218-6575

Or Email : asm@glbgroupinc.com or  jeff@glbgroupinc.com

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